China’s Record Trade Surplus and Washington’s Financial Trump Card
China’s trade surplus has crossed a dangerous threshold. In 2025, it exceeded $1 trillion for the first time, surpassing the previous record of $993 billion.
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House Hearing on China Investment in US Reveals Much More Needs to be Done
The Committee on Foreign Investment in the United States (CFIUS) turns 50 years old this year, and it still has lots to learn. The main disruptor – China – has ultimately added new layers to CFIUS oversight, but this oversight is in its infancy.
The China Dependence Big Pharma Doesn’t Want Washington to See
U.S. drugmakers are rapidly shifting the front end of America’s pharmaceutical ecosystem (e.g. discovery, early-stage-development, and the IP engine) to China through a surge of licensing deals and cross-border partnerships.
CPA Celebrates Member PAI Pharma’s Acquisition of Nivagen Pharmaceuticals
CPA this week applauded the acquisition of Nivagen Pharmaceuticals by member company, PAI Pharma (PAI), of Greenville, SC and Sacramento, CA.
CPA Warns Congress Against Extending Failed AGOA Program Ahead of House Vote
AGOA, first enacted in 2000, provides qualifying sub-Saharan African nations with tariff-free access to the U.S. market for thousands of products and was intended to support economic development, democratic reform, and stronger geopolitical ties to the United States.
Guest Opinion: Why a Market Access Charge Would Have Greater Benefits Than Tariffs
We must stop importing more goods than we export, leaving us deeply indebted to our trading partners. I urge Congress to urgently pass a bill that would implement the Market Access Charge. Call your Congressman and Senator today to urge them to support the introduction of such a bill.
October Trade Deficit Falls 39%, Lowest In Years, But U.S. Will Still Surpass $1 Trillion Goods Gap In 2025
The October trade deficit fell by 39% for goods and services combined, but even the goods deficit fell to monthly numbers not seen in at least five years. The October deficit in goods was $59.14 billion, down 24.5% from September, the Bureau of Economic Analysis said on Thursday.
Blocking Chinese-Linked Investments From Accessing U.S. Taxpayer Funds in Strategic Industries
The United States is facing a new form of strategic dependence: Chinese-linked firms are reentering critical American industries through influence and control rather than visible ownership.
America’s Cost-of-Living Crisis Is a Wage Problem, Not a Price Problem
The current cost-of-living crisis – defined by the soaring cost of essential services – is not the result of excessive consumer demand or short-term inflation shocks. It is the product of decades of trade and industrial policy choices that weakened middle-class wage growth.
CPA Applauds U.S. Senate’s Final Passage of the ‘National Defense Authorization Act for FY2026’
CPA welcomed final passage this week of the ‘National Defense Authorization Act (NDAA) for FY2026,’ (S.1071), which has been sent to President Trump’s desk for signature. The legislation advances critical national security priorities, strengthens U.S. defense readiness, raises troop pay by 3.8%, and reinforces the importance of resilient domestic supply chains and robust U.S. manufacturing capacity.
